Surge Energy: High FCF Yield Makes The Stock Finally Cheap Enough

Surge Energy (TSX: SGY:CA )( OTCPK:ZPTAF ) offers an interesting setup: a clean balance sheet, FCF yield exceeding 16% at $65 WTI, and a high payout ratio with no cash taxes expected until around 2030. However, investors should use a critical lens, as, in my opinion, the CEO, Paul Colborne, tendsOil, Gas, Energy, Metals - That's the core of my research.I am a semi-retired former engineer who switched careers in 2018 to focus on capital management. I acquired most of my knowledge about finance and valuation ...